Remove Digital Currency Remove OFAC Remove SDN
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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

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Lloyd’s of London , the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday (March 2). The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

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Treasury To Add Certain Cryptocurrency Addresses To Sanctions List

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The Office of Foreign Assets Control (OFAC)] may add digital currency addresses to the SDN [specially designated nationals] List to alert the public of specific digital currency identifiers associated with a blocked person,” the government agency said in the guidance notice.